Living in Cherry Branch, North Carolina
Cost of living, income, home prices, rent and demographics of Cherry Branch · Census data 2020–2024
Cherry Branch has 1,684 residents with a median age of 30.9. The median household income is $104,432 (44% higher than the North Carolina median), the median home value is $262,200, the median rent is $1,706/month.
Cherry Branch at a glance
- Population
- 1,684
- Median age
- 30.9State: 39.1
- Median household income
- $104,432State: $72,388
- Median home value
- $262,200State: $288,900
- Median rent
- $1,706/moState: $1,228
- Homeowners
- 85.9%
- Bachelor's degree or higher
- 26.3%
- Average commute
- 52 min
Is Cherry Branch a good place to live?
Pros: Median household income 44% higher than the North Carolina median; home values 9% lower than the state median; unemployment of 0.4%; a poverty rate of 1.4%.
Cons: An average commute of 52 minutes.
The weather is best in April–May and September–October.
Cost of living in Cherry Branch
Housing is the biggest part of the cost of living. In Cherry Branch the median home value is $262,200, 21% lower than the U.S. median. Renters pay a median of $1,706 per month, which is 17.9% of household income. Homeowners with a mortgage pay $1,583 a month in housing costs.
Cherry Branch median household income
The median household income in Cherry Branch is $104,432 and the income per person is $36,737. 1.4% of residents live below the poverty line (North Carolina: 13%).
Housing in Cherry Branch: homes for sale and rent
- Housing units
- 523
- Owner-occupied
- 85.9%
- Renter-occupied
- 14.1%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 3.26
Cherry Branch demographics
- Population
- 1,684
- Median age
- 30.9
- Under 18
- 34.7%
- 65 and older
- 5%
- Households
- 516
- Foreign-born
- 3.8%
- Veterans
- 19.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Cherry Branch ›
Education in Cherry Branch
26.3% of adults 25 and older in Cherry Branch have a bachelor's degree or higher (North Carolina: 35.7%), and 6% have a graduate or professional degree.
Jobs and commute in Cherry Branch
- Unemployment rate
- 0.4%State: 4.7%
- Average commute
- 52 minState: 25 min
- Work from home
- 18.9%
- Drive alone
- 77.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93%
Cherry Branch vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cherry Branch | 1,684 | $104,432 | $262,200 | $1,706 |
| Minnesott Beach | 593 | $73,690 | $292,200 | $1,405 |
| Havelock | 17,691 | $58,408 | $207,700 | $1,280 |
| Neuse Forest | 2,671 | $84,500 | $228,000 | — |
| Oriental | 873 | $57,880 | $422,900 | $1,138 |
| Newport | 4,441 | $56,351 | $233,600 | $896 |
| Fairfield Harbour | 2,948 | $72,583 | $300,600 | $1,758 |
| James City | 4,789 | $58,973 | $204,400 | $1,019 |
| Brandywine Bay | 1,313 | $105,000 | $371,500 | $2,141 |
More for people moving to Cherry Branch
Cherry Branch ZIP code ›Weather and climate ›Living in Cherry Branch: FAQ
What is the median household income in Cherry Branch, NC?
The median household income in Cherry Branch is $104,432, 44% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cherry Branch?
The median home value in Cherry Branch is $262,200, compared with $288,900 in North Carolina.
How much is rent in Cherry Branch?
The median gross rent in Cherry Branch is $1,706 per month, about 17.9% of household income.
Is Cherry Branch, NC a good place to live?
Pluses: median household income 44% higher than the North Carolina median; home values 9% lower than the state median; unemployment of 0.4%; a poverty rate of 1.4%. Minuses: an average commute of 52 minutes.
What is the median age in Cherry Branch?
The median age in Cherry Branch is 30.9 years (North Carolina: 39.1).
How long is the commute in Cherry Branch?
The average commute to work in Cherry Branch is 52 minutes; 18.9% of workers work from home.
What is the unemployment rate in Cherry Branch?
The unemployment rate in Cherry Branch is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cherry Branch?
26.3% of adults in Cherry Branch have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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